The major risk of using a financial institution is that the financial institution may fail entirely. This can lead to the loss of deposits and investments if the institution becomes insolvent or goes bankrupt.
What is a major risk of using a financial institution? (1 point)
Investors can be unable to withdraw money when they need it.
Insurance will not cover any losses incurred by a financial institution.
Financial institutions may choose not to pay investors back.
The financial institution may fail entirely.
1 answer